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Short Product Investment Surges in Past Week

Katie Lin

Summary: Short-bitcoin investment products saw a net inflow of $25.5 million last week, according to data from CoinShares. This is the highest it has been since last July, when that value had hit $51 million in one week. The increase in short-product investment came alongside a bitcoin price surge to a four-month high of $22,750, up ...

Short-bitcoin investment products saw a net inflow of $25.5 million last week, according to data from CoinShares. This is the highest it has been since last July, when that value had hit $51 million in one week.

The increase in short-product investment came alongside a bitcoin price surge to a four-month high of $22,750, up 40% from that of last year.

Author: Katie Lin

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